ADVERTISEMENT

Czech inflation slows in September

Figures

The Czech Republicʼs consumer price inflation slowed in September, data from the Czech Statistical Office (CZSO) shows.

The consumer price index (CPI) climbed 2.7% year-on-year in September, after a 2.9% rise in August. Economists had expected prices to rise again by 2.9%.

Prices of housing, water, fuel and energy grew by 5%, while those of restaurants and hotels rose by 4.8%, and education by 3.8%.

On a monthly basis, consumer prices declined 0.6% in September, which was the biggest drop since September 2006, the CZSO said.

Another report from the Prague-based statistical office showed that import prices fell 1.1% annually in August, following a 1.7% decline in the previous month.

On a monthly basis, import prices gained 0.5%. Export prices rose 0.6% on the month, taking annual growth to 0.4% in August. 

ADVERTISEMENT

Varga: Q1 growth demonstrates ability 'to withstand crisis' Analysis

Varga: Q1 growth demonstrates ability 'to withstand crisis'

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Hungary Grande Partenza 'exceeded all expectations' - gov't ... City

Hungary Grande Partenza 'exceeded all expectations' - gov't ...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.